Published 09/05/2024 5:02:40 p.m.

BBVA (NYSE: BBVA) Secures ECB Approval for Sabadell Takeover Bid

Summary by abbonews.com

MADRID – The European Central Bank has authorized BBVA’s (NYSE: BBVA) offer for Sabadell, part of the regulatory process for the Spanish bank’s hostile bid for its smaller rival. The acquisition, which the Spanish government opposes, must also be authorized by Spain’s stock market supervisor and its antitrust watchdog CNMC. “We expect to receive the remaining authorizations within our estimated timeframe and move forward with the most attractive…

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www.larazon.es

Sabadell and BBVA fall on the stock market after the ECB does not oppose the takeover bid

Banco Sabadell and BBVA did not start the trading session on the right foot after registering declines of around 2% as soon as they placed their securities on the market. The answer must be sought in the European Central Bank (ECB), which yesterday officially announced that it is not opposed to the entity managed by Carlos Torres taking control of Sabadell through the public offering for the acquisition of shares (takeover bid) that it launched …

09/06/2024 9:04:52 a.m.·Spain

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El Pais

The ECB gives the green light to BBVA's takeover of Banco Sabadell and leaves it in the hands of the CNMV

The European Central Bank (ECB) will not hinder BBVA's takeover bid for Banco Sabadell. The bank of Basque origin informed the market this afternoon that the European banking regulator has expressed its “no opposition” to the transaction. The analysis focuses only on solvency issues of the resulting entity, without going into issues such as competition or banking concentration in the Spanish market.Keep reading

09/05/2024 4:06:46 p.m.·Spain

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La Vanguardia

The ECB approves BBVA's takeover bid for Sabadell

The European Central Bank (ECB) has notified BBVA of its decision not to object to the takeover bid (takeover bid) launched on Banc Sabadell, as reported to the National Securities Market Commission (CNMV). The European regulator made the decision after receiving a few days ago the report from the Banco de España stating the same thing. Continue reading...

09/05/2024 4:23:13 p.m.·Granada, Spain

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EL ESPAÑOL

The ECB gives its approval to BBVA's takeover of Banco Sabadell

It is a prerequisite for the National Securities Market Commission (CNMV) to authorize the offer.

09/05/2024 4:09:04 p.m.·Spain

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Vozpópuli

The ECB gives its approval to BBVA's takeover bid to Banco Sabadell

BBVA is burning stages in its attempt to buy Sabadell. The European Central Bank (ECB) has notified the La Vela group of its decision not to oppose its plan to take control of the Catalan entity, on which it launched a takeover bid on May 9. As published in this media in July, the sole supervisor expected these deadlines after receiving a favorable report from the Banco de España based on solvency criteria. Frankfurt's lack of opposition was one…

09/05/2024 4:17:27 p.m.

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20minutos

The ECB approves BBVA's takeover bid for Banco Sabadell and leaves the process in the hands of the CNMV

The European Central Bank (ECB) has notified BBVA of its decision not to oppose the operation of the Basque bank to take control of Banco Sabadell through the hostile public takeover bid (OPA) it proposed on May 9. This was announced this afternoon by the entity led by Carlos Torres and Onur Genç to the National Securities Market Commission (CNMV). The communication took place at the close of the market, after a day in which Sabadell rose by 0.6…

09/05/2024 4:24:11 p.m.·Madrid, Spain

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BBVA (NYSE: BBVA) Secures ECB Approval for Sabadell Takeover Bid

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Sabadell and BBVA fall on the stock market after the ECB does not oppose the takeover bid

Sabadell and BBVA fall on the stock market after the ECB does not oppose the takeover bid

The ECB gives the green light to BBVA's takeover of Banco Sabadell and leaves it in the hands of the CNMV

The ECB gives the green light to BBVA's takeover of Banco Sabadell and leaves it in the hands of the CNMV

The ECB approves BBVA's takeover bid for Sabadell

The ECB approves BBVA's takeover bid for Sabadell

The ECB gives its approval to BBVA's takeover of Banco Sabadell

The ECB gives its approval to BBVA's takeover of Banco Sabadell

The ECB gives its approval to BBVA's takeover bid to Banco Sabadell

The ECB gives its approval to BBVA's takeover bid to Banco Sabadell

The ECB approves BBVA's takeover bid for Banco Sabadell and leaves the process in the hands of the CNMV

The ECB approves BBVA's takeover bid for Banco Sabadell and leaves the process in the hands of the CNMV

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